Shares of insurance industry-focused software maker Guidewire (NYSE:GWRE) jumped 16.2% in the afternoon session after the company reported impressive first-quarter 2025 (Fiscal Q3 '25) results, which blew past most of the key metrics we track including billings, annual recurring revenue, EPS, and adjusted operating income. In addition, quarterly revenue guidance outperformed Wall Street's estimates.
Wall Street's two-day rally lost momentum Wednesday as investors reassessed the economic outlook after weak job numbers and a surprise contraction in the U.S. services sector cast fresh doubt over the strength of the economy.
Insurance industry-focused software maker Guidewire (NYSE:GWRE) fell short of the market’s revenue expectations in Q1 CY2025, but sales rose 22% year on year to $293.5 million. Its non-GAAP EPS of $0.88 per share was 88.1% above analysts’ consensus estimates.
Insurance industry-focused software maker Guidewire (NYSE:GWRE) announced better-than-expected revenue in Q1 CY2025, with sales up 22% year on year to $293.5 million. Guidance for next quarter’s revenue was better than expected at $336 million at the midpoint, 1.1% above analysts’ estimates. Its non-GAAP profit of $0.88 per share was 88.1% above analysts’ consensus estimates.
Let's have a look at what is happening on the US markets after the closing bell on Tuesday. Below you can find the top gainers and losers in today's after hours session.
After a rough start to the year, small- and mid-cap software stocks may be finding their footing. Goldman Sachs analyst Adam Hotchkiss says first-quarter results across his coverage were better than feared, suggesting the worst of the downturn could be behind the sector.
Software is eating the world, and virtually no business is left untouched by it. Companies bringing it to life have been rewarded with high valuation multiples that make fundraising easier,
but they have weighed on the returns lately as the industry has pulled back by 10.3% over the past six months. This drop was worse than the S&P 500’s 2.4% loss.
DA Davidson downgrades Guidewire Software from Buy to Neutral, with $226 price target. Expects strong Q3 results, revenue growth of 19% and $1.22B in cash.
